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Argentinian police has arrested a 19-year-old boy over charges that he has used malware to scam up to $50,000 a month.

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A 19-year old boy in Buenos Aires has been arrested by the police. It has been charged that he is a ‘superhacker‘ who has been stealing $50,000 a month by using malware to perpetuate financial fraud.


Superhacker

The name of the said hacker hasn’t been released by the authorities, although we are told that police had been keeping an eye on him for well over a year. The police first became suspicious of him when a local businessman revealed that someone was interfering with his money transfers.

As a result of the raid, police has recovered a range of electronic equipment, including hard drives, cables and routers from the said hacker’s home. According to a police source, “The house was full of computers. We believe that he [the hacker] and his brother had created such a lucrative business that their parent chose not to ask what was going on.” Interestingly, the police cut the power to the entire block before the raid so that he couldn’t delete any data from his hard drives.

The primary tool through which this superhacker was able to ‘hack’ up to $50,000 a month was a malware. With the help of this malware, he created a network through which he scammed the money, funneled it to certain bank accounts and removed any traces that may link him to it. If the charges that have been brought up against him turn out to be true in the court, he may be in for up to 10 years in jail.

Courtesy: RT

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  On September 15, 2013(1 year, 10 months ago.)

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